Beware ‘Blessing Loom’ pyramid scheme on social media
by Sublette County Sheriff’s Office
January 4, 2018
The Sublette County Sheriff’s Office would like to inform citizens of a new pyramid scheme spreading around social media that has been discovered throughout Sublette County as well.
The "Blessing Loom" is a pyramid scheme where a person, often times someone you know through social media, will ask you to "gift" or "donate" $100 towards the loom via Facebook messenger or PayPal. The person will go into great detail about their payout and others who have got larger payouts on the scheme. Once you encourage enough people to buy into the loom you will become the "Center." Once you reach the center you are told you will receive $800 back for your original $100 buy in.
The Sublette County Sheriff’s Office wants to advise citizens to not participate in these types of schemes as they are illegal. If its sounds too good to be true, it likely is. Another red flag is getting into a scheme or program that promises you money back for putting fourth little effort without selling a product and only exchanging money.